Erik Zimerman
Second Position Notes with Large equity & High FICO Borrower.
Greetings all. We own a portfolio of homes in the Miami area (Surfside, Miami Beach, Bay Harbour...). These are mostly new construction homes with a first position and plenty of equity. Values from $4 to $15 million e...
Adam Sheren
Offering a property owner an equity position in a development
Good morning - I've recently been made aware that a local Grocery Store (owned by a decent sized Grocery Chain in the midwest) owns 16 acres of vacant land which would be a prime site for development of a multi-family...
Chris W.
2nd position loan to take out equity on office building
BP gurus,
I am searching for financing options currently for a lender that will do a second position loan on a well leased office building in the Hampton Roads area. I would VERY much prefer to not refinance out of m...
Scott Trench
"Preferred Equity" = "Second Position Lending" And Should Be Compensated Accordingly
When a syndication or fund wants to buy an apartment building, for, let's say $10M, they have two basic options to finance it:
- Debt
- Or Equity
Equity is expensive, as investors demand high returns. It takes on ...
Marshall Stewman
Seeking advice RE: Selling equity of a positive cash flowing property??
Hi everyone. I recently found BP and it happened at a great time. I currently have a couple SFRs in Irving, TX but my long term strategy has always been to get into small multifamily properties. After reading Brandon ...
Michael Wagner
Is there a way to enhance security of Minority Equity Position???
Hoping someone can help me with this? I am in the process of putting together a JV and my needs from the investor are such that only a minority equity stake position (with preferred returns) is justified. I have sev...
Robert Leardi
negative cash flow but positive equity-sell or continue to rent?
I have been following bigger pockets for approximately 6 months and the amount of useful information is amazing(could have really benefited from all this info 5 years ago) I currently have a rental(SFH) that I initial...
Dan Krause
Are ther Federal Regs that prevent private equity froma a second position?
:DAre there any federal regulations (S.E.C., FDIC, etc.)that prevent a hedge fund, private equity or real estate investment group from taking a "second" postion to a mortgage financed deal to acquire income properti...
Jim Goebel
Using a HELOC; impact on Credit Score ? Bummer
We use MINT.com, which is nice.According to MINT, what is largely dragging our credit score down (it's a 758) is credit utilization.That's a few credit cards here and there but predominantly our HELOC is 60% utilized ...
Ahsan Popal
Creative financing / ideas to purchase
Hello , I’m a marine corps veteran with a current VA home loan that’s my primary. My goal is to get a second property , tried a second VA home loan but my COE is capped . I am now open to other ways of financing , lik...